Decision

1 New Bailey, Ordsall - Letting of Commercial Space

Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: September 9, 2024

Purpose:

Content: Salford City Council - Record of Decision   I Councillor Jack Youd, Deputy City Mayor and Lead Member for Finance, Support Services and Regeneration, in exercise of the powers contained within the City Council Constitution do hereby:   1     Approve the letting of 25,921sqft (2,408 sqm) of space comprising 2nd and part of the 3rd  floor at 1 New Bailey on a new lease from completion of legal documentation  on the terms as set out in the report.   2     Delegate authority to the Strategic Director Place in conjunction with the Section 151 officer to negotiate, agree, and finalise the detailed terms of the transaction.   3     Authorise the Shared Legal Service to prepare all necessary documentation and to take all steps which are required to give effect to the above recommendations.     The Reasons are to allow the letting of space at 1 New Bailey.   Options considered and rejected were: none     Assessment of Risk: Low     The source of funding is: n/a     Legal Advice obtained: Shared Legal Service     Financial Advice obtained: Daniel Hillman, Senior Accountant     Procurement Advice obtained: n/a     HR Advice obtained: n/a     Climate Change Advice obtained: This is a CAT A building and is fully compliant with all current Building Regulation requirements.         The following documents have been used to assist the decision process: Public briefing report submitted to Property/Regeneration Briefing on 9th September 2024       Contact Officer:  Stephanie Mullenger, Head of Special Projects                   Telephone number: 07810 158682   -       This decision is not subject to consideration by another Lead Member. -       The appropriate scrutiny to call-in the decision is the Growth & Prosperity Scrutiny Panel.                          Signed: Councillor Jack Youd       Deputy City Mayor and Lead Member for Finance, Support Services and Regeneration              Dated: 9th September, 2024   This decision was published on Monday 9th September 2024                                             This decision will come in force at 4.00 p.m. on Monday 16th September 2024unless it is called-in in accordance with the Decision Making Process Rules.